China Construction issued a profit warning, predicting that unaudited stakeholders' receivables in 2023 will fall by about 65% compared to the same period in 2022. The expected decline was mainly due to lower sales prices for cement, commodity concrete and fiberglass, as well as lower sales volumes. In addition, the decline in joint venture performance and the decrease in asset disposal revenue were also among the reasons for the decline in profits. However, this portion of the loss was offset by lower costs and reduced net loss of changes in fair value of financial assets. The Company reminds shareholders and potential investors to exercise caution when trading shares and expects the 2023 results announcement to be issued before the end of March 2024. The profit warning was issued in accordance with relevant regulatory requirements and issued by Pei Hongyan, Secretary of the Board of Directors of the company, on January 26, 2024.

China Construction issued a profit warning, predicting that unaudited stakeholders' receivables in 2023 will fall by about 65% compared to the same period in 2022. The expected decline was mainly due to lower sales prices for cement, commodity concrete and fiberglass, as well as lower sales volumes. In addition, the decline in joint venture performance and the decrease in asset disposal revenue were also among the reasons for the decline in profits. However, this portion of the loss was offset by lower costs and reduced net loss of changes in fair value of financial assets. The Company reminds shareholders and potential investors to exercise caution when trading shares and expects the 2023 results announcement to be issued before the end of March 2024. The profit warning was issued in accordance with relevant regulatory requirements and issued by Pei Hongyan, Secretary of the Board of Directors of the company, on January 26, 2024.